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As usual when the Youtube channel Bloomberg Markets and Finance posts new content on the internet, you can find it on our site. To watch the latest video called "ING Profit Impacted by $838 Million of Russia Provisions", it's just above!
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For your information, you can find below the description of the video ING Profit Impacted by $838 Million of Russia Provisions published by the Youtube channel Bloomberg Markets and Finance:
ING Groep NV reported first-quarter profit that missed analyst estimates after the bank set aside more than expected to cover the cost of loans going sour because of the fallout from Russia's invasion of Ukraine. "We have a split between onshore and offshore Russia risk. What we do see is that our offshore Russia risk is reducing at a good pace," Chief Financial Officer Tanate Phutrakul told "Bloomberg Daybreak: Europe."